Fitch rates Time Warner’s proposed notes issuance ‘BBB+’

Fitch Ratings has assigned a ‘BBB+’ rating to Time Warner’s proposed issuance of five- 10- and 30-year notes and debentures. The proceeds are expected to be used for general corporate purposes, including share repurchases. Fitch has a ‘BBB+’ Issuer Default Rating (IDR) for Time Warner. The rating outlook is Stable.